Nord Stream 2 AG Says Discrimination Possible Under Revised EU Gas Doctrine

 The amendments to the EU Gas Directive may create a potentially discriminatory regulatory regime for individual projects, the operator of the Nord Stream 2 gas pipeline project said on Thursday.

“We continue to agree with the overwhelming majorty of European industries who have profoundly criticized the legislative proposal, notably for a lack of impact assessment as well as legislative uncertainty for investors, including potentially discriminatory regulatory treatment of individual pipeline projects,” the Nord Stream 2 AG said in a commentary.

 EC Vice-President Maros Shefcovic said in January that Romania, as current chairman of the EU Council, had submitted for consideration a revised version of the amendments to the EU Gas Directive, which could affect Gazprom’s gas pipeline construction projects and the extension of the TurkStream gas pipeline to the European countries.